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Kinnevik AB (KINVb.ST)

KINVb.ST on Stockholm Stock Exchange

282.90SEK
12 Dec 2017
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Fri, Dec 8 2017

BRIEF-Kinnevik proposes Amelia Fawcett as new chairman

* REG-DAME AMELIA FAWCETT PROPOSED TO BE ELECTED CHAIRMAN OF KINNEVIK

UPDATE 1-Global Fashion Group Q3 net revenues rise

Nov 28 Global Fashion Group, the emerging markets fashion retailer set up by investors Kinnevik and Rocket Internet, reported its third-quarter operating losses narrowed somewhat while net revenue jumped by 19 percent.

BRIEF-Kinnevik: Global Fashion Group Q3 operating loss roughly unchanged

* SAYS GLOBAL FASHION GROUP NET REVENUE FOR Q3 WAS EUR 256.4 MILLION (215.6)

BRIEF-Kinnevik Q3 ‍net asset value 85.7 billion SEK, up 5 pct

* Kinnevik says Q3 net asset value of 85.7 billion Swedish crowns ($10.45 billion) (311 SEK per share)

Global Fashion Group Q2 losses continue to narrow

Sept 8 Global Fashion Group, the emerging markets fashion retailer set up by investors Kinnevik and Rocket Internet, reported its second-quarter operating losses nearly halved as net revenue jumped by 25.6 percent.

The Hut Group acquires Glossybox from rival Rocket Internet

Aug 14 The Hut Group said on Monday it has acquired Berlin-based cosmetics subscription service provider Glossybox from majority shareholders Rocket Internet and Kinnevik Online.

BRIEF-The Hut Group announces acquisition of Glossybox from Rocket Internet, Kinnevik Online

* Announces acquisition of Glossybox, from majority shareholders Rocket Internet and Kinnevik Online Further company coverage:

BRIEF-Kinnevik says NAV rose to 298 SEK/share end of Q2

* Says net asset value (NAV) of SEK 81.9bn (SEK 298 per share) on June 30, up SEK 2.4 bln or 3 pct during the quarter

BRIEF-Kinnevik invests further $65 million in U.S. Betterment LLC

* Says ‍post investment, valuing Betterment at USD 800 million, Kinnevik will own 16% of company's share capital​ Source text for Eikon: Further company coverage:

BRIEF-Kinnevik to sell remaining stake in Lazada for $115 mln to Alibaba

* Says intends to sell its remaining stake in Lazada for USD 115 million

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